As Auto Insurance Sales Stagnate, Carriers Turn to Agents: J.D. Power May 2, 2017 Amid a second straight year of stagnant auto insurance shopping activity and modest rate increases, auto insurance companies have grown...
Study Finds Insurtech Funding Dips as Startups Launch; Predicts Small Business Disruption Ahead May 2, 2017 Total insurtech funding in the first quarter of 2017 was down, but the drop-off could be a result of the...
Massachusetts Court Reverses Ruling in Rotten Seafood Coverage Dispute May 2, 2017 By Elizabeth Blosfield The Massachusetts Appeals Court has reversed a lower court’s ruling in a case examining whether damage to scallops at a...
Complex Solvency II Reporting Puts Off Insurer Investors: Willis Towers Watson May 2, 2017 The insurance sector is at risk of being further marginalized by investors because performance reporting has become more complicated as...
Aon Sells Outsourcing Platform to Focus on Data, Analytics Investments May 2, 2017 Aon announced it has completed the sale of its benefits administration and HR business process outsourcing (BPO) platform to private...
AIG Investors Await New CEO and Strategy May 2, 2017 By Suzanne Barlyn For nearly two months, American International Group Inc. has planned to replace its chief executive but a successor has yet...
A.M. Best Upgrades Aviabel’s Ratings After AXIS Acquisition May 2, 2017 A.M. Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A (Excellent) from...
Shumer Joins Signature B&B from Professional Medical Insurance Services May 2, 2017 The Signature B&B Companies (SBB), a New York-based regional independent insurance brokerage and an Acrisure Agency Partner, has hired Julie...
Fidelis Sponsors MGA to Expand into Niche Specialty Reinsurance May 2, 2017 Fidelis Insurance announced that it is further developing its niche specialty offerings by sponsoring a new managing general agent that...
Proposed New York Regulations Crack Down on Title Insurance Industry May 2, 2017 New York Governor Andrew M. Cuomo has announced two new proposed regulations to protect New Yorkers and crack down on...